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Feb 11, 2013
02/13
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we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows. who knows. i think we got it right, but who knows why he wasn't. one reason is because what they've done with the oscars now is increased the best film from five up to ten. now you have i think it's nine nominations this year. of course you're going to get a mismatch because there aren't the same number of films that there were directed. >> mark, good to see you. thanks so much, indeed. >> thanks for coming by. >> always a very good turn out, as well. >> i still think silver linings with a different name would have done so well. >>> anyway, the clearing up is occurring after
we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows....
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Dec 4, 2013
12/13
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. >> the eu is waiting to unleash a record final at least five banking giants for rigging key benchmark interest rates today. the amount could be 11.7 billion euros. rbs, deutsche and citi are involved. the eu competition manager is expected to announce the fines at 11:30 cet and has warned banks it could be as much as 800 million euros for the each of the groups involved. we'll have coverage of that announcement in just over an hour. >>> the british government and zone unveiling plans to invest billions, but who is set to benefit? we'll discuss the spending spree. >> around 20 minutes. >>> meanwhile, wto ministers trying to solve sticking points. will they finally agree on a global trade agreement? we'll have the latest from bahli. >>> the u.s. labor market is showing signs of healing. we'll preview the adp and nonfarm numbers at 11:30 cet. >>> and we'll stay with the u.s. despite record black friday shoppers. analysts predict more price markdowns. if you have any thoughts or comments, please e-mail us worldwide@cnbc.com. that's where we stand with the news. let's bring you up to speed
. >> the eu is waiting to unleash a record final at least five banking giants for rigging key benchmark interest rates today. the amount could be 11.7 billion euros. rbs, deutsche and citi are involved. the eu competition manager is expected to announce the fines at 11:30 cet and has warned banks it could be as much as 800 million euros for the each of the groups involved. we'll have coverage of that announcement in just over an hour. >>> the british government and zone unveiling...
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Oct 30, 2013
10/13
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CNBC
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export growth, even on the -- as we are having a recession in our main trading partner, which is the eu. so we think that along with the price competitiveness that we've been gaining, the reforms that we've been seeing, that that export growth and the recovery that we're seeing in europe, that that export growth is going to remain over the next couple of years. now, the important difference between next few years is the difference in consolidation. the more flexible targets that have been given in spain implies that the fiscal effort has come down from around measures that amounted to 4% to 5% of gdp last year to 2% to 2.5% this year to almost 0.5% next year. the fiscal consolidation is weakening given the big effort that has been done over the last couple of years. and that's going to make domestic demand contribute less in the negatively to growth over the next couple of years. >> okay. we'll leave it there. >>> great commentaries for you today. your e-mails about banks, fines and regulations, as well. also, desperate to talk about the average rate of return, small caps versus the s&p
export growth, even on the -- as we are having a recession in our main trading partner, which is the eu. so we think that along with the price competitiveness that we've been gaining, the reforms that we've been seeing, that that export growth and the recovery that we're seeing in europe, that that export growth is going to remain over the next couple of years. now, the important difference between next few years is the difference in consolidation. the more flexible targets that have been given...
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Feb 5, 2013
02/13
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CNBC
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we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good contra indicators. >> sorry, media friends. but this is not exactly the best of -- >> we always have timing. on today's show, we're in zurich where we hear from the ceo of ubs about the group's outlook. the swiss bank won to a loss in the fourth quarter. >> and is we'll head out to california for a look at the next offer. it's due to be released later today. we'll be live in madrid as the spanish prime minister's party pledges to fight corruption allegations that have prompted calls for his resition naz. >> and for its to earn its annual forecast on a weaker yen, we have i
we have francois hollande today speaking to the eu parliament. he's going to lay out his vision for the eu against that economic back drop. >> isn't it amazing? we come into the week yesterday with everyone still talking. you have that great barons cover, you come in, just get the risk trade massively off. and the question for today and the rest of the week is frankly whether that's a bump in the road or the start of a down trend. >> you have the front cover, these are all good...
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Mar 18, 2013
03/13
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CNBC
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how do they get into the eu? >> i mean, the reason they got into the eu in the first place was politics. it wasn't economics. it wasn't about the financial system. pit was politics. the statement reason greece got in. at the time there was a political will to have these countries in the euro area. and therefore in some way or another you decided to overlook some details. >> you said to some extent this is delaware and a bit of miami. what do you mean? >> what i mean by that is we have to remember cyprus is not just a sort of money laundering destination. it relies overwhelmingly on its very low tax rate. cyprus has a tax rate of 10%. it means it is tax optimization structures from russian businesses. they may or may not be money laundering but there is certainly tax opt mization. if you look at how delaware and parts of miami operate, kind of the same thing. >> there were fears we would see bank runs in italy and spain because people would wake up there and say, wow, if i'm in a weak bank and below the insurance
how do they get into the eu? >> i mean, the reason they got into the eu in the first place was politics. it wasn't economics. it wasn't about the financial system. pit was politics. the statement reason greece got in. at the time there was a political will to have these countries in the euro area. and therefore in some way or another you decided to overlook some details. >> you said to some extent this is delaware and a bit of miami. what do you mean? >> what i mean by that is...
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Feb 8, 2013
02/13
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CNBC
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the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut. arguably, we can walk away and say we got what we asked for. the question is what happens with the eu contributions? do we still walk away with our rebates, too? we are starting to see information filtering through now. the italians on a growth income national basis, they're the highest contributors. they're probably happy with the latest contribution. the dutch are set to lose a third of their rebate. so the question is, in this tit for tat world that we have here in brussels, what would appease them? they have been arguing for cuts to the
the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut....
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Feb 12, 2013
02/13
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CNBC
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the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been p
the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea...
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Nov 15, 2013
11/13
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CNBC
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can a wider eu kick on with any progress? julia is in before russels at t meeting. >> it's a great question. he immediately said no decisions today. what we're trying to work out is a narrowing of some of the differences and oh, boy, are there some differences. we've got the likes of the germans, the dutch, the austrians saying that they don't want a european wide back stop here. we've got the german saying the idea of a revolution mechanism going forward, the structural itself is illegal and no one, of course, can really decide on who can decide who winds down these banks. ultimately, the commission would like to do that. they're the only ones who seem to agree on anything right now. that's in the future. next year we have the asset quality review and the stress tests results. t the issues will be at the national government. i spoke to the swedish finance minister earlier today and asked him whether it makes sense to do yet more stress tests without a proper back stop in place. listen to what he had to say. >> the asset qual
can a wider eu kick on with any progress? julia is in before russels at t meeting. >> it's a great question. he immediately said no decisions today. what we're trying to work out is a narrowing of some of the differences and oh, boy, are there some differences. we've got the likes of the germans, the dutch, the austrians saying that they don't want a european wide back stop here. we've got the german saying the idea of a revolution mechanism going forward, the structural itself is illegal...
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Feb 4, 2013
02/13
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CNBC
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we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've seen at the moment is we live on the principal hope that the eurozone might grow itself or stabilize itself out of the crisis, a far cry yet for spain, but the latest refinancing operation in the various eurozone countries, including at the short end of the range for spain looks like a bit of relief. no relief in terms of the actual solving of the problems, but we'll hear none of that tonight. >> as we've learned, that's often the case with these situations. sylvia, thanks very much for that. tina fordham is still with us. from your point of view, how important is today's meeting? how important b
we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've...
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Mar 15, 2013
03/13
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the eu is divided over the issue, so they pass the buck to the foreign ministers? >> well, yes and no. it think about it, the normal procedure is that the foreign ministers discuss these topics, so a vast majority of countries in brussels were surprised when they heard britain's cozy and france's push because it was not on the agenda. it was also something that you need more time to discuss, and that is why it has now been made a very vital topic on the agenda of the foreign ministers meeting next week. but there is very strong opposition still. people are reluctant to go through with france and britain 's push. the question was why they even put it on the agenda. is that not also some kind of sign that national policies are becoming more important again in his current state of crisis that the european union itself is in. >> thanks very much for that first update. we will be coming back shortly to talk about another explosive issue. >> we will be going back to our correspondent shortly. the issue i'm talking about is cyprus, but as we have seen already today, peopl
the eu is divided over the issue, so they pass the buck to the foreign ministers? >> well, yes and no. it think about it, the normal procedure is that the foreign ministers discuss these topics, so a vast majority of countries in brussels were surprised when they heard britain's cozy and france's push because it was not on the agenda. it was also something that you need more time to discuss, and that is why it has now been made a very vital topic on the agenda of the foreign ministers...
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Sep 13, 2013
09/13
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head of the euro group tells cnbc he's hoping finance ministers in lithuania will make progress on the eu banking union, but in an exclusive interview with cnbc, ubs says it is not the solution. >> a banking union we allow. the banking system should contribute to this transformation. but you can't really ask a financial institution or the system to be the driver of changes. >>> source ones say larry summers will be named the next fed chairman as early as next week. the reports help push the groou greenback higher against most currencies. >>> plus, iran's president helps syria reports to join the u.s. chemical weapons pact. john kerry says actions speak louder than words. >>> the dow and the nasdaq are seen marginally higher at the start of trade a few hours away. that's after we saw fraction of losses in yesterday's trading session. the s&p losing five and the nasdaq losing 9 points. the s&p ending a seven straight days of gains. it is now less than 2% away from its all-time high. in terms of european markets, we are seeing a bit of a pullback. the presidents if it is 100 is off by 0.3%.
head of the euro group tells cnbc he's hoping finance ministers in lithuania will make progress on the eu banking union, but in an exclusive interview with cnbc, ubs says it is not the solution. >> a banking union we allow. the banking system should contribute to this transformation. but you can't really ask a financial institution or the system to be the driver of changes. >>> source ones say larry summers will be named the next fed chairman as early as next week. the reports...
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Nov 18, 2013
11/13
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LINKTV
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degoot said the eu hopes for progress. the eu said japan's unique automobile safety standards hinder smooth access to its market. it's asking that the country review them. the eu has said that it may end the talks in a year if japan's response is insufficient. >>> all right. on to the markets now. european shares are extending gains, and they're looking like this at this time. as you can see there, paris is up by about 0.5% right now. frankfurt gaining by 0.6% while the london market is up 0.4%. investors are waiting for some key data, including germany's economic sentiment survey as well as the latest minutes of the federal reserve's october policy meeting. both of them slated for release later this week. most markets ended higher. the shanghai composite surged nearly 3%. the advance led by shares expected to benefit from economic reform policies. the hang seng climbed to its highest close since february. in singapore, the index inched higher to 3,203 with the help of upbeat data. the country's exports for october unexpec
degoot said the eu hopes for progress. the eu said japan's unique automobile safety standards hinder smooth access to its market. it's asking that the country review them. the eu has said that it may end the talks in a year if japan's response is insufficient. >>> all right. on to the markets now. european shares are extending gains, and they're looking like this at this time. as you can see there, paris is up by about 0.5% right now. frankfurt gaining by 0.6% while the london market...
WHUT (Howard University Television)
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Feb 7, 2013
02/13
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WHUT
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they cannot afford any cut in revenue from the eu. northern european nations are close to the uk position. the french suggest david cameron may have to back down a bit. >> a compromise is possible, but we must be reasonable, so we need to reason with those who want to cut the eu budget. >> one of the front lines in the battle of the budget is here at the european union -- european commission. the cost of running the european union is actually a relatively small part of overall spending, yet some governments say that staff numbers and salaries must be cut here in order to reduce that spending. some eu workers went on strike this weekend against that idea. they point out the ee you is being asked by its members to do more with potentially less money -- the eu is being asked by its members to do more with potentially less money. >> i am george alagiah. the top stories this hour -- a black day for australian sport. widespread doping is uncovered, as well as allegations of match fixing. we are going to stay with that story. with me is an a
they cannot afford any cut in revenue from the eu. northern european nations are close to the uk position. the french suggest david cameron may have to back down a bit. >> a compromise is possible, but we must be reasonable, so we need to reason with those who want to cut the eu budget. >> one of the front lines in the battle of the budget is here at the european union -- european commission. the cost of running the european union is actually a relatively small part of overall...
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Jan 18, 2013
01/13
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KCSM
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eu foreign ministers in brussels for talks there. nato approved a mission to send 200 military trainers to help mali's forces. >> and they are considering other ways to help the government. the first troops from the african-led mission are due to arrive today. >> for more, we are joined by our brussels correspondent. the eu has agreed to send military personnel. do we have any idea what this mission will look like? >> it is important to stress first of all that the idea is not new. back in december, they agreed they saw the situation and said they would send down a couple of hundred instructors -- of around 200 instructors -- to train the army, and now, of course, in light of recent developments, this mission will be sped up, which means 200 instructors or 250 will be sent down. they will instruct the army in terms of basic military training, but also in the field of international and humanitarian law and how to protect civilians. there are not many details yet in the number -- and the number of people deployed to the ground could ri
eu foreign ministers in brussels for talks there. nato approved a mission to send 200 military trainers to help mali's forces. >> and they are considering other ways to help the government. the first troops from the african-led mission are due to arrive today. >> for more, we are joined by our brussels correspondent. the eu has agreed to send military personnel. do we have any idea what this mission will look like? >> it is important to stress first of all that the idea is not...
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Jan 17, 2013
01/13
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LINKTV
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eu foreign ministers in brussels for talks there. nato approved a mission to send 200 military trainers to help mali's forces. >> and they are considering other ways to help the government. the first troops from the african-led mission are due to arrive today. >> for more, we are joined by our brussels correspondent. the eu has agreed to send military personnel. do we have any idea what this mission will look like? >> it is important to stress first of all that the idea is not new. back in december, they agreed they saw the situation and said they would send down a couple of hundred instructors -- of around 200 instructors -- to train the army, and now, of course, in light of recent developments, this mission will be sped up, which means 200 instructors or 250 will be sent down. they will instruct the army in terms of basic military training, but also in the field of international and humanitarian law and how to protect civilians. there are not many details yet in the number -- and the number of people deployed to the ground could ri
eu foreign ministers in brussels for talks there. nato approved a mission to send 200 military trainers to help mali's forces. >> and they are considering other ways to help the government. the first troops from the african-led mission are due to arrive today. >> for more, we are joined by our brussels correspondent. the eu has agreed to send military personnel. do we have any idea what this mission will look like? >> it is important to stress first of all that the idea is not...
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Jul 9, 2013
07/13
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KCSM
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-eu relations as european politicians find -- has dissented -- descended on u.s.- eu relations as european politicians find out more about surveillance. them according to nsa whistleblower edward snowden -- >> according to nsa whistleblower edward snowden, germany's own intelligence is in bed with the nsa. >> many are wondering who in berlin new about the spying =-- in berlin knew about the spying. >> the spotlight is on the bnd, alleged to have known about the nsa's massive surveillance program and even to have supported about it -- supported it. the report is making waves. the government response has so far been they. -- vague. >> the bnd mandate includes partnership with other agencies, including, for decades, the nsa. we can only protect our citizens from the threat of terrorism if we work together with other agencies. that cooperation takes place strictly in accordance with the law. >> the spokesman said the interior minister' washington this week would aim to shed light on the affair. he also said the german justice minister was still awaiting an answer to a letter demanding an exper
-eu relations as european politicians find -- has dissented -- descended on u.s.- eu relations as european politicians find out more about surveillance. them according to nsa whistleblower edward snowden -- >> according to nsa whistleblower edward snowden, germany's own intelligence is in bed with the nsa. >> many are wondering who in berlin new about the spying =-- in berlin knew about the spying. >> the spotlight is on the bnd, alleged to have known about the nsa's massive...
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119
Jul 8, 2013
07/13
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LINKTV
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eye 119
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-eu relations as european politicians find -- has dissented -- descended on u.s.- eu relations as european politicians find out more about surveillance. them according to nsa whistleblower edward snowden -- >> according to nsa whistleblower edward snowden, germany's own intelligence is in bed with the nsa. >> many are wondering who in berlin new about the spying =-- in berlin knew about the spying. >> the spotlight is on the bnd, alleged to have known about the nsa's massive surveillance program and even to have supported about it -- supported it. the report is making waves. the government response has so far been they. -- vague. >> the bnd mandate includes partnership with other agencies, including, for decades, the nsa. we can only protect our citizens from the threat of terrorism if we work together with other agencies. that cooperation takes place strictly in accordance with the law. >> the spokesman said the interior minister' washington this week would aim to shed light on the affair. he also said the german justice minister was still awaiting an answer to a letter demanding an exper
-eu relations as european politicians find -- has dissented -- descended on u.s.- eu relations as european politicians find out more about surveillance. them according to nsa whistleblower edward snowden -- >> according to nsa whistleblower edward snowden, germany's own intelligence is in bed with the nsa. >> many are wondering who in berlin new about the spying =-- in berlin knew about the spying. >> the spotlight is on the bnd, alleged to have known about the nsa's massive...
WHUT (Howard University Television)
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Jan 18, 2013
01/13
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WHUT
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. >> eu foreign ministers feel it's a haven for terrorist groups. they held an emergency meeting in brussels. they agreed to train government forces in mali. the islamist rebels control the northern part of the country. french troops moved in friday to stop them from pushing south. france ruled the country forde kids a until independence in 1960. the mali government asked the french for help. the eu ministers said they would send trainers. an advance team will arrive in a few days. the rest will set up a camp near the capital. it will not play a combat role. >> it's about the security of the people and in this context all the people of mali. we know very well how all of this needs to fit together into a comprehensive strategy. >> mali's foreign minister attended the meeting. he said people in the country must work towards stability and can do so with international support. >> the bank of japan is intended to be an independent body making their own decisions on interest rates among others but the central bank and the government just got closer. ron m
. >> eu foreign ministers feel it's a haven for terrorist groups. they held an emergency meeting in brussels. they agreed to train government forces in mali. the islamist rebels control the northern part of the country. french troops moved in friday to stop them from pushing south. france ruled the country forde kids a until independence in 1960. the mali government asked the french for help. the eu ministers said they would send trainers. an advance team will arrive in a few days. the...
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Nov 18, 2013
11/13
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KCSM
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the basement meaning opposition fighters were able to breach security to get into the building the eu is being dragged deeper and deeper into the conflict intelligence chiefs believe more than a thousand a young european muslims have joined the islamists and are fighting in syria now. it's thought that they are being recruited through social media. the eu counter terrorism court nader says the jihadist agenda goes furer than toppling a son it's also a real threat to europe as well. we are in the process of trying to understand it are the reason why so many europeans are going to syria with restocking the incident use it it's winter and that's what we were in the sand many of them. aunt mimi joining them the ft two in canada. in groups reached know he wants to its rule sad that it has the global to reach and che if we did the project affected and therefore we think secure the win sees it in the future but to many of them. we get back in europe it was radical the means by voters that includes other or they may also be eaten. the rectum want to check in europe. some take a look at some o
the basement meaning opposition fighters were able to breach security to get into the building the eu is being dragged deeper and deeper into the conflict intelligence chiefs believe more than a thousand a young european muslims have joined the islamists and are fighting in syria now. it's thought that they are being recruited through social media. the eu counter terrorism court nader says the jihadist agenda goes furer than toppling a son it's also a real threat to europe as well. we are in...
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Jan 23, 2013
01/13
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FBC
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eu membership will be up to a referendum. voters should decide whether the uk should stay in the 27 member euro zone. the first priority is renegotiating the eu treaty. timothy geithner at last they will be friday. president obama has elected jack lew. much of the u.s. experiencing the coldest temperatures in two years. for death are blamed on the cold snap. the bitter conditions are expected to stay into the weekend. dagen, back to you. dagen: jamie dimon apologizing. also, stepping up and saying back off. there is more regulation needed. he said all of this at the world economic forum. we are president and chief investment officer. he is in rochester, new york. maybe the only place on the planet that is colder than where you are sitting right now. >> happy to be here. dagen: what do you say to jamie dimon? there was one hedge fund manager that went after him. he said back off. >> well, jamie is right about the capitalization. he has incredibly strong capital. a lot of the standards forced the banks to have more capital, hav
eu membership will be up to a referendum. voters should decide whether the uk should stay in the 27 member euro zone. the first priority is renegotiating the eu treaty. timothy geithner at last they will be friday. president obama has elected jack lew. much of the u.s. experiencing the coldest temperatures in two years. for death are blamed on the cold snap. the bitter conditions are expected to stay into the weekend. dagen, back to you. dagen: jamie dimon apologizing. also, stepping up and...
WHUT (Howard University Television)
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Jan 23, 2013
01/13
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WHUT
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david cameron says his country will held a referendum before the end of 2017 on whether to stay in the eu. he announced this amid growing calls to leave the european bloc sparked by the ongoing eurozone debt problems. >> i am not a british isolationist. but i do want a better deal for britain. but not just a better deal for britain. i want a better deal for europe too. so i speak as a british prime minister with a positive vision for the future of the european union. a future in which britain wants and should want to play a committed and active part. >> cameron did emphasize britain should not leave the eu. he insists that staying is in the country's best interests. >>> the japanese government has revised upward its overall assessment of the country's economy for the first time in eight months. the upgrade was due to an improvement in business sentiment stemming from a weaker yen and also higher stock prices. in the monthly report for january released wednesday the government says signs of bottoming out can be seen in some areas of the country's economic activity. that is an improvement f
david cameron says his country will held a referendum before the end of 2017 on whether to stay in the eu. he announced this amid growing calls to leave the european bloc sparked by the ongoing eurozone debt problems. >> i am not a british isolationist. but i do want a better deal for britain. but not just a better deal for britain. i want a better deal for europe too. so i speak as a british prime minister with a positive vision for the future of the european union. a future in which...
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Mar 21, 2013
03/13
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KICU
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and those earnings got hit over there because obviously we keep getting the headlines out of the eu and that impacted oracle and they missed. > >and as a matter of fact, cyprus is maybe moving to the fromt burner today do you think now that the fed is out of the way? > >i think cyprus is just a headline at this juncture. i think it's something that you respect but i don't think it's gonna be anything as far as a catalyst to the downside. i think what's really gonna be the catalyst right now is that if we don't start seeing new money continuing to flow in other than what the fed is producing and putting out there then you're gonna start getting people a little bit more potentially concerned. and the reason why i say that is the bond market has continued to hold firm or even uptick in this environment so we're not seeing that capital that is so vested in that market move into the equities. so we're gonna keep an eye on that. > >thank you jeff. fed chair ben bernanke made note of some economic strides -- following a two-day fed meeting..... bernanke told reporters there have been improveme
and those earnings got hit over there because obviously we keep getting the headlines out of the eu and that impacted oracle and they missed. > >and as a matter of fact, cyprus is maybe moving to the fromt burner today do you think now that the fed is out of the way? > >i think cyprus is just a headline at this juncture. i think it's something that you respect but i don't think it's gonna be anything as far as a catalyst to the downside. i think what's really gonna be the catalyst...
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Jan 28, 2013
01/13
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little understanding of the regular tatory structure of the eu and of eu laws on our economic activities. and i think most people, if we have an electoral campaign in the city, i think it might become a bit clearer to people with the costs and benefits of leaving. >> what about joining america, the 51st state? we've learned the united states has no interesting in leaving the -- we've had several warnings making it clear that the special relationship as such exists depends on britain and part of the eu. >> and i wonder why to them it's so important that the status quo is maintained. >> for the united states? >> yes. >> because britain clearly, thelithe li linguistic say close corporation on military issues means that there is a level of trust, perhaps, as the u.s. bank is more difficult to establish with other major european nations. so it's very important. >> interesting with more on that in a bit. we also want to follow what is happening with italy. shares are trading higher after monte paschi gave the go ahead for a bailout. the group is seeking a new investor to keep the company afloa
little understanding of the regular tatory structure of the eu and of eu laws on our economic activities. and i think most people, if we have an electoral campaign in the city, i think it might become a bit clearer to people with the costs and benefits of leaving. >> what about joining america, the 51st state? we've learned the united states has no interesting in leaving the -- we've had several warnings making it clear that the special relationship as such exists depends on britain and...
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Apr 30, 2013
04/13
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two-thirds of their earnings come from the eu and that's the big problem. and i asked them. obviously, they've talked about spain being a real problem. but what other countries are a problem. >> plus, the spanish market is clearly the biggest and most profitable for us. and there, it's about keeping focusing on the total tobacco portfolio, cigars in spain, as well, is very big for us. we have to keep getting the portfolio right for the consumer. the uk is also tough. very high prices in the uk, and increasing realistic trade in the uk. one in every four cigarette smoked in the uk is now the product. which is now not good news for our legal market, but clearly not good news for the government revenues, either. so we have to keep working on that, working on our portfolio, working on the fine cut, as well, for the consumer. are you seeing people smoking it less or is it just that they've moved to lower price products? that's a great question because actually we don't see people smoking much less at all. conassumption is very resilient. maybe 11%, maybe 2% in some markets. but a
two-thirds of their earnings come from the eu and that's the big problem. and i asked them. obviously, they've talked about spain being a real problem. but what other countries are a problem. >> plus, the spanish market is clearly the biggest and most profitable for us. and there, it's about keeping focusing on the total tobacco portfolio, cigars in spain, as well, is very big for us. we have to keep getting the portfolio right for the consumer. the uk is also tough. very high prices in...
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May 1, 2013
05/13
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KRCB
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funds to disposition of the growing lns and fear the government itself may need a bailout from the eu and other international organizations. >>> still in europe, the yo eurozone's unemployment rate hit another record high. the 17 member countries continue to struggle with recession. the jobless rate hit 12.1% in march. this was up from 12% the previous month, according to official figures from euro stat. spain had the highest rate at 26.7% followed by portugal and cypr cyprus. the latest available rate for greece in january is 27.2%. nearly 60% of workers under 25 are jobless in greece. the figure was 55.9% in spain. citizens are calling for new policies, such as further monetary easing by the european central bank. they say the weak economy and high unemployment are due to the euro zone's austerity policies. >>> now to markets. the dow jones continued higher for a fourth day in a row. the u.s. blue chip index ended at 14,839, up .14%. the nasdaq ended at 3,328 up 6.5% on a jump in apple shares. now, for more on how stocks here are trading, let's go to ramin at the tokyo stock exchang
funds to disposition of the growing lns and fear the government itself may need a bailout from the eu and other international organizations. >>> still in europe, the yo eurozone's unemployment rate hit another record high. the 17 member countries continue to struggle with recession. the jobless rate hit 12.1% in march. this was up from 12% the previous month, according to official figures from euro stat. spain had the highest rate at 26.7% followed by portugal and cypr cyprus. the...
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Dec 20, 2013
12/13
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BLOOMBERG
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deals the eu a below. the company blames weaker cohesion among the group and did. -- deteriorating financial profile is. for more perspective, let's welcome the chief european economist at me the whole international. ray to have you on the program. we are trying to assess the implications of this today. it is unclear to me exactly what they were looking at. was this a surprise to you? >> the timing was a surprise. perhaps they are already applying the new standards for financing changes in ratings. the timing is surprising because i don't see any new signs that point to decreased cohesion. perhaps you can argue in the --. >> that was four months ago. >> perhaps they are looking at polls that have been coming in. the timing is a bit surprising. the assessment also, because the compared is very low to the size of the budget. you really have to go into a worst-case scenario to imagine that european countries will not make good on the obligations on the capital market obligations of the eu. >> when you talk ab
deals the eu a below. the company blames weaker cohesion among the group and did. -- deteriorating financial profile is. for more perspective, let's welcome the chief european economist at me the whole international. ray to have you on the program. we are trying to assess the implications of this today. it is unclear to me exactly what they were looking at. was this a surprise to you? >> the timing was a surprise. perhaps they are already applying the new standards for financing changes...
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Nov 13, 2013
11/13
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KCSM
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long been concerned for kenyan officials have recently signed a can in between kenya somalia and the eu and its pr would give support to some form and fifty seven thousand somali refugees in the lead in refugee camps and returned to their homeland. kenny has had to somali refugees from one decade and the elitist treaty which aims to see somalia to try and participate in the development of the country. some believe that conditions have improved the additional personnel and security. even though very little is known about before she carries into the mall attack suspect has been identified earlier as has signed a deed in lieu of a somali media for his family moved to norway. the mm he did to the west country in the arab oil. the winning choice. according to a new poll. sexual harassment higher rates if the note in two weeks elation and a surge in violence and said to business groups contributed to the result of this survey more than twenty two arab countries has taken place three hundred and thirty tend to expect. women have become one of the biggest leases of the arab spring since it star
long been concerned for kenyan officials have recently signed a can in between kenya somalia and the eu and its pr would give support to some form and fifty seven thousand somali refugees in the lead in refugee camps and returned to their homeland. kenny has had to somali refugees from one decade and the elitist treaty which aims to see somalia to try and participate in the development of the country. some believe that conditions have improved the additional personnel and security. even though...
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Nov 14, 2013
11/13
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KCSM
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it eu israeli prime minister benjamin netanyahu his report to be willing to consider an interim agreements with their own rights to speak to the pre program but only if tehran agrees to a complete halt to all you ring in enrichment for want of a topless in exchange israel was doing the international community including two waves of the sanctions. he'll fly is unlikely to be taken seriously in tehran which allegedly told them to they purport to be more generous deal offered by the west in geneva over the weekend israeli government's focus dollars on the iranian negotiations and expose the growing rift between the jewish state and washington yesterday and some of his most bellicose return to wait to see me on to form that it feels similar to the one disgusting geneva could meet opal and israeli cabinet ally of tony bennett yesterday said that the jewish state will not be members of the us congress to press for sanctions on iran joanna emphasizing the growing gulf between israel and the us sixteen states joan perry want to congrats sake and it's such a move because he said of the sanctions we
it eu israeli prime minister benjamin netanyahu his report to be willing to consider an interim agreements with their own rights to speak to the pre program but only if tehran agrees to a complete halt to all you ring in enrichment for want of a topless in exchange israel was doing the international community including two waves of the sanctions. he'll fly is unlikely to be taken seriously in tehran which allegedly told them to they purport to be more generous deal offered by the west in geneva...
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you could also say the good news out of europe this morning putting a bid under the market with eu leaders agreeing to budget cuts for the first time in seven years. what's not to love? >> everything is to love. the volume is light, it doesn't matter, and generally i would have disputed that, but i think volume is light, if it would have been bigger then we would have had more to the upside. i think a lot of volume is due to people going home. i sense the sentiment is correct, people like this market. they like it. liz: they like it. okay. it's that moment at the moment until there is some type of negative headline; right? i mean when you look at that, that's what's been our biggest problem. >> i think it has been. this has been headline driven for the last three or four years. i think since january truly people have decided they are going to put their money in the stock market. i mean they think the fundamentals are getting better. we saw this this morning with the data out of china and the u.s. i think people are continuing to feel better, and as long as they are feeling better, they are
you could also say the good news out of europe this morning putting a bid under the market with eu leaders agreeing to budget cuts for the first time in seven years. what's not to love? >> everything is to love. the volume is light, it doesn't matter, and generally i would have disputed that, but i think volume is light, if it would have been bigger then we would have had more to the upside. i think a lot of volume is due to people going home. i sense the sentiment is correct, people like...
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Jun 17, 2013
06/13
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the eu has been pushing for this mutual pact and japan in return will press the eu to eliminate tariffs on japanese cars and flat-panel tvs which are currently set at 10% and higher. back to you, ross. >> okay, thanks very much indeed for that. >>> we'll take a short break. still to come, we are waiting for the u.s. president, barack obama, to speak in belfast. we'll have that speech for you when we come back. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial consultants. it's guidance on your terms, not ours. that's how our system works. e-trade. less for us. more for you. >>> you are looking at shots from belfast ahead of the g-8. president barack obama is going to be speaking. he's
the eu has been pushing for this mutual pact and japan in return will press the eu to eliminate tariffs on japanese cars and flat-panel tvs which are currently set at 10% and higher. back to you, ross. >> okay, thanks very much indeed for that. >>> we'll take a short break. still to come, we are waiting for the u.s. president, barack obama, to speak in belfast. we'll have that speech for you when we come back. [ male announcer ] ok, here's the way the system works. let's say you...
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Mar 25, 2013
03/13
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FBC
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an eu official is telling him those remarks were taken out of context and cyprus is a specific case. to you. liz: thank you very much. rich is on the ground and talking to people on the ground in cyprus, looking at the banks, atm machines to see what is happening because it matters here psychologically even though it is a small nation. we're looking at a very close a situation that may affect us so stay tuned with that. breaking news in the last few minutes, a test flight of boeing 78787 dreamliner just took off aiming to restore the service after recent battery problems. getting i in the chair, a ceo wh 50% of his entire business coming from boeing. from philadelphia, the triumph group ceo. what do you make of the news, have to be hopeful and thrilled at the same time. >> glad to be here. it is certainly good news for the industry, the 787 problem is one that is probably a little bit more complicated than most development problems you will have with new aircraft, but we always felt time would produce a solution and we have great confidence in his airplane. great confidence in our cu
an eu official is telling him those remarks were taken out of context and cyprus is a specific case. to you. liz: thank you very much. rich is on the ground and talking to people on the ground in cyprus, looking at the banks, atm machines to see what is happening because it matters here psychologically even though it is a small nation. we're looking at a very close a situation that may affect us so stay tuned with that. breaking news in the last few minutes, a test flight of boeing 78787...
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Dec 17, 2013
12/13
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BLOOMBERG
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in the middle of the jostle between eu and russia over who has -- over what block the country is going to join. the president is looking for a quite sizable chunk of money. which one of the deals being offered to them is going to be better depends on the exact conditions. in case of russia, this would mean signing up for the union and a little bit more allegiance to the political and economic impacts of russia. it would be attached to the better government of the country. tie himthe deals would to something that he is not inclined to do. >> one of the things that was reportedly in the table -- on the table is a gas deal. energy leader is that there's a big probability that they will sign a gas deal on tuesday. what is the significance of that deal? >> gas prices are a double-edged sword for the ukraine. they are high compared to other countries in the region and they are being used by russia. on the other hand, ukraine is also offering more subsidies to be able to meet the energy crisis for heating and cooking over the winter. period. this is draining the state budget and it is one of
in the middle of the jostle between eu and russia over who has -- over what block the country is going to join. the president is looking for a quite sizable chunk of money. which one of the deals being offered to them is going to be better depends on the exact conditions. in case of russia, this would mean signing up for the union and a little bit more allegiance to the political and economic impacts of russia. it would be attached to the better government of the country. tie himthe deals would...
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Nov 14, 2013
11/13
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CNBC
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estimates of gdp growth and they're saying the third quar r quarter -- if i can get this right for the eu 28 is 0.11% and for -- i'm trying to check. the eurozone flash estimate growth 0.1% quarter on quarter minus 0.4% year on year. we did think it would be 0.2%. france actually contracting in the third quarter. minus 0.11%. we thought that would expand. i had 0.5% growth in the secretary kwarer. euro/dollar as a result is down to the session low of 1.3345. in the beginning of the session, the dollar had been weaker overnight because of the janet yellen comments. kit joins us. it's weaker than what we thought. >> yeah. i think, aside from what the print is on the third quarter, the impression you get from data at the moment is that the european economic recovery is begin to go top out. >> pretty low. >> pretty low positive sort of rate. that's the impression is that we're softening out a miserably low rate and the european forecast growth accelerating towards 2% over the next couple of years, are beginning to feel as if they're going to need some help from policy figures. >> yeah. when y
estimates of gdp growth and they're saying the third quar r quarter -- if i can get this right for the eu 28 is 0.11% and for -- i'm trying to check. the eurozone flash estimate growth 0.1% quarter on quarter minus 0.4% year on year. we did think it would be 0.2%. france actually contracting in the third quarter. minus 0.11%. we thought that would expand. i had 0.5% growth in the secretary kwarer. euro/dollar as a result is down to the session low of 1.3345. in the beginning of the session, the...
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Dec 3, 2013
12/13
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now, the eu, of course, is china's biggest trading partner. so china is well positioned to sign a deal with the eu and the uk sees itself as a very effective booker. and that's why david cameron is trying to leverage that to build better relationship with a riding china. >> andrew, always good to talk to you. thanks for that. have a good evening in hong kong, andrew leung. >>> the world trade organization is kicking off its meeting today. it will center on efforts to salvage a proposal for a landmark impact more than a decade ago. what's at stake in this key conference? >> the world trade organization's dohar round turned 12 this year. but years of setbacks have eroded confidence in the wto. now the body has given up on ever passing the deal in its original form, opting for a watered down version instead. some say it is now bahli or bust for the global trade organization. but the wto's new chief, roberto asavito, who took over in september is determined to push the new dohar plan forward. >> the world will not wait for the wto indefinitely. it
now, the eu, of course, is china's biggest trading partner. so china is well positioned to sign a deal with the eu and the uk sees itself as a very effective booker. and that's why david cameron is trying to leverage that to build better relationship with a riding china. >> andrew, always good to talk to you. thanks for that. have a good evening in hong kong, andrew leung. >>> the world trade organization is kicking off its meeting today. it will center on efforts to salvage a...
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Dec 12, 2013
12/13
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ALJAZAM
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the european union's foreign policy chief sa says yanukovych intends to sign an agreement with the eu. >>> in thailand protesters have shut up electricity to the prime minister's office in bangkok. this comes as the former prime minister appeared in court. he faces murder charges in this connection with the deaths of protesters. >>> immigration reform, a controversial topic on capitol hill. we'll take a look at what both sides of the aisle have done to tackle this issue in 2013. >>> plus the latest in a battle of where to build the new boeing jet liner. seeing some beautiful weather all the way to sunday even into the low 70 did or high 60s, partly cloudy conditions, overnight, about 44 degrees. texas also dry for you as well. we saw rain showers and a mix of precip just a little bit up here towards the north. temperatures for dallas at about 42. san antonio at 55. for houston, well, you are going to be seeing rain by the time we end the week. 59 degrees there. that will will last one day. your weekend should look better with a high of 63. over here towards the southeast, some rain sh
the european union's foreign policy chief sa says yanukovych intends to sign an agreement with the eu. >>> in thailand protesters have shut up electricity to the prime minister's office in bangkok. this comes as the former prime minister appeared in court. he faces murder charges in this connection with the deaths of protesters. >>> immigration reform, a controversial topic on capitol hill. we'll take a look at what both sides of the aisle have done to tackle this issue in...
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Dec 19, 2013
12/13
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doesn't oppose an association agreement with the eu. that may be ukraine's best hope. >>> meanwhile, coming up on the show, from india to indonesia, we'll find out how the emerging markets are reacting to the federal reserve's decision to start tapering its bond buying program. we'll get the latest from singapore. as we've been saying, vladimir putin holding its annual year-end news conference. we'll find out what's wind the kremlin's deal for kiev as eu protests continue in the ukrainian capital. that's at 10:30. also, for oracle, says it's prepared to take on the likes of amazon and rack space. it's made its first beat in three quarters. we'll have the latest analysis. >>> and spain plans to sell 3 billion euros in bonds this morning. if that's not enough, could new regulation send ecigarettes up in smoke? we'll talk to the ceo of vapor corp. we'll be back after this short break. ya know, with new fedex one rate you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat r
doesn't oppose an association agreement with the eu. that may be ukraine's best hope. >>> meanwhile, coming up on the show, from india to indonesia, we'll find out how the emerging markets are reacting to the federal reserve's decision to start tapering its bond buying program. we'll get the latest from singapore. as we've been saying, vladimir putin holding its annual year-end news conference. we'll find out what's wind the kremlin's deal for kiev as eu protests continue in the...
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Jul 12, 2013
07/13
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CNBC
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basically, that's everything out of united states and canada and eu countries. >> if the stock jumped to $10 tomorrow, you're not going to pop a secondary on us. >> we don't know at the moment when we'll be raising capital, but what's really important is to make this drug available to patients globally, so we hope by the end of the year to have a transaction that will make this drug available to people in the eu. we will continue to focus on commercializing in the united states. >> excellent. thank you to jeff stein, president and ceo of trius therapeutics. we've got the mitts, but also a company doing a lot of the financial gun right in his face company doing a lot of the things the fda wants to do. ♪ ♪ honey, is he too into this car thing? [ mumbling ] definitely the quattro. ♪ honey? huh? a5. what? [ sighs ] did you say something? ♪ >>> is the great bank rally of 2013 over? sure has felt that way the last few days. that's not good news ahead of a raft of bank earnings. wells fargo and jpmorgan, we hear from tomorrow morning. i find myself staring the financial gun right in
basically, that's everything out of united states and canada and eu countries. >> if the stock jumped to $10 tomorrow, you're not going to pop a secondary on us. >> we don't know at the moment when we'll be raising capital, but what's really important is to make this drug available to patients globally, so we hope by the end of the year to have a transaction that will make this drug available to people in the eu. we will continue to focus on commercializing in the united states....
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Apr 29, 2013
04/13
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CNBC
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quantitative easing, as a result of the lack of the geopolitical scares or risks that you're seeing in the eu or the meltdown or the relative lack of appreciation in equity performance in asian markets very specifically. >> got it. to both of you, great to have you on the show. we're going to go for a very quick break. >>> coming up, on the final hour of trade, has the rise at the activist shareholder been good or bad for investors? that is next on the "closing bell." here on "street signs" we are still on record high watch. don't go away. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550
quantitative easing, as a result of the lack of the geopolitical scares or risks that you're seeing in the eu or the meltdown or the relative lack of appreciation in equity performance in asian markets very specifically. >> got it. to both of you, great to have you on the show. we're going to go for a very quick break. >>> coming up, on the final hour of trade, has the rise at the activist shareholder been good or bad for investors? that is next on the "closing bell."...
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Apr 29, 2013
04/13
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we'll discuss what they can do next in this competitive market. >>> investors cheer the eu government with a ten-year bond below 4% ahead of a key auction today. >>> the new prime minister has a cabinet made of berlusconi loyalists and technocrats and a record seven women face a confidence vote. >>> stokes in the green, central banks likely to set the tone. the fed meets first time this week and is widely expected to deliver eight rate cuts. >>> another member of jamie dimon is in a sickle leaving jpmorgan. we're an hour and a half into the trading day in europe. european stocks on the front. first thing this morning. up by much for the ftse. it was up over 2% last week. just up 0.2%. the xetra dax up 0.5%. the cac 40 up 0.89% and the ftse mib up 1.6%. on the bond markets, italian yield, 3.96%. we have an atial auction coming up, they're raising up to 6 billion. they've reopened five and ten years and japan is closed today. we'll take that out a little later. the pound is doing pretty well. we're up to two-month highs against the dollar. there we go. 1.5539 as you can see. and the dol
we'll discuss what they can do next in this competitive market. >>> investors cheer the eu government with a ten-year bond below 4% ahead of a key auction today. >>> the new prime minister has a cabinet made of berlusconi loyalists and technocrats and a record seven women face a confidence vote. >>> stokes in the green, central banks likely to set the tone. the fed meets first time this week and is widely expected to deliver eight rate cuts. >>> another...
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Mar 13, 2013
03/13
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standard charter is keeping headquarters in london despite concerns of the eu bonus cap and how it will impact the competitiveness in recruiting and keeping talent. they prefer to stay in the u.k. here's what he said to reporters in hong kong earlier. >> remains the case that we have no plans to move from the u.k. obviously as we have said before we have an obligation because we get asked this question by investors to review and understand the tradeoffs of being in the u.k. and we keep doing that. we keep reviewing it but our preference is to stay in the u.k. and we have no plans to do otherwise. >> we heard the same on the program earlier this morning. if you're just joining us, these are headlines. italy planning to test bond markets. and senate democrats tee up to unveil their own budget plan a day after republicans pledge to balance the budget in ten years. >>> coming up, it's a big u.s. treasury auction in focus later today. we'll check out what to expect from that and other things happening in the market. what about the retail sales report? we'll be right back. >>> welcome back to
standard charter is keeping headquarters in london despite concerns of the eu bonus cap and how it will impact the competitiveness in recruiting and keeping talent. they prefer to stay in the u.k. here's what he said to reporters in hong kong earlier. >> remains the case that we have no plans to move from the u.k. obviously as we have said before we have an obligation because we get asked this question by investors to review and understand the tradeoffs of being in the u.k. and we keep...
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Jul 30, 2013
07/13
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nonetheless, many are pinning their hopes on katherine ash torng the top eu foreign chief, to try to reach some kind of agreement to health parties reach an agreement that can stave off any further violence. she says the protesters that have been staging this sit-in for the past month have the right to do so peacefully, and it's incumbent upon the authorities here not to attack them, not to carry out any further bloodshed. however, there seems to be growing impatience with the egyptian military and the security forces here. they have suggested that they are going to deal with this sit-in one way or another in accordance with the law but perhaps with force, if necessary, and that really has a lot of people concerned. it's not just the sit-in that is on the minds of people. it is the consistent marches taking place every day in cairo belong together supporters of president mohamed morsi that's also raised the anxiety levels across the country. sue? >> ayman, thanks very much. >>> stocks are steady as the fed kicks off a two-day meeting on interest rate. the biggest stock winners coming
nonetheless, many are pinning their hopes on katherine ash torng the top eu foreign chief, to try to reach some kind of agreement to health parties reach an agreement that can stave off any further violence. she says the protesters that have been staging this sit-in for the past month have the right to do so peacefully, and it's incumbent upon the authorities here not to attack them, not to carry out any further bloodshed. however, there seems to be growing impatience with the egyptian military...
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Jan 22, 2013
01/13
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they then find a solution presented to brussels and basically present the rest of the eurozone or the eu with a -- do you think this criticism is justified? >> certainly this is a point of criticism that's made outside of germany and france but that's made inside germany and france. some politicians frmt call for widening of the partnerships such as poll left-hand looking towards the east or spain or italy. even more so in the french population. there's a call of widening this partnership. as i've said, france and germany often do have contradictory policy positions. so other countries can really find themselves within these positions, i think. so at the end of the day, it's not so much i think a question of content, but rather a question of style. so what germany and france need to make sure is that they do show leadership, as i've said, to their political and economic weight, but they do find the balance between leadership and dominance because surely dominance is not what either of the two countries or any country in europe would want. >> lead but don't -- >> back to you. >> thank you
they then find a solution presented to brussels and basically present the rest of the eurozone or the eu with a -- do you think this criticism is justified? >> certainly this is a point of criticism that's made outside of germany and france but that's made inside germany and france. some politicians frmt call for widening of the partnerships such as poll left-hand looking towards the east or spain or italy. even more so in the french population. there's a call of widening this...
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Jan 24, 2013
01/13
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so doing something about that by saying, let's get clear the shape of the eu we do want. what is the shape of that? that has to be about the single market, about a more competitive europe. and that is something that i think they can take back and say that's a good thing for britain. and so i think you have to move towards it because the uncertainty is there today and those businesses will reflect that, anyway. i don't think illustrate necessarily changes. >> have you seen any changes in terms of the economic landscape? >> yeah. i think what we're seeing is probably a softening in some of the major french and consumer markets. >> and germany is more positive than the french market, but it's slowed down a bit. by contrast, we've seen good gdp numbers. in fact, i think we've seen a six-month softening in the eurozone which i think is an important factor there that the british politicians need to reflect. the french market is very much the uncertainty around tax success government. i think that will wash through. >> if we now believe in that, that impacted that small percenta
so doing something about that by saying, let's get clear the shape of the eu we do want. what is the shape of that? that has to be about the single market, about a more competitive europe. and that is something that i think they can take back and say that's a good thing for britain. and so i think you have to move towards it because the uncertainty is there today and those businesses will reflect that, anyway. i don't think illustrate necessarily changes. >> have you seen any changes in...
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Jun 21, 2013
06/13
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the justice department and an eu commission gave the deal the ok. the commission says it does not violate antitrust laws, as the airlines would still face competition against other major airlines. delta would gain access to major airport hubs, including london's heathrow. the plan still needs approval from the transportation department. united airlines is hiking fees for passengers using awards points. united is adding a $75 fee for non-elite flight changes. cancellations will cost $200. united and other carriers are charging passengers with airline tickets $200 verus $150 to change flight plans. one in nine u.s. bridges is structurally deficient, according to a report. some of the oldest and most weather- battered bridges are in the northeast. pennsylvania has the worst, followed by oklahoma, iowa, rhode island and south dakota. repairing bridges across the nation would cost $76 billion. last year, congress eliminated a fund for repairs. natural gas is turning into a power player at the gas pump. a new report from the international energy agency pr
the justice department and an eu commission gave the deal the ok. the commission says it does not violate antitrust laws, as the airlines would still face competition against other major airlines. delta would gain access to major airport hubs, including london's heathrow. the plan still needs approval from the transportation department. united airlines is hiking fees for passengers using awards points. united is adding a $75 fee for non-elite flight changes. cancellations will cost $200. united...
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May 9, 2013
05/13
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despite that monthly bulletin, eu euro/dollar went to a session high. it did knock equity markets down to a session low. >>> and an italian appeals court upheld the conviction of sylvia berlusconi on tax charges related to its company media set. the conviction comes at a four-year jail term and raises the possibility he could be banned from holding public office. what we want to know is is the party finally over for berlusconi or can he once again make a comeback? i presume he can have a -- whenever he likes. e-mail us, worldwide -- i think we're talking figuratively. worldwide@cnbc.com. tweet as cnbcwex or direct to me, @rosswestgate. if you want to tweet kelly, that's fine. she's not here, she's gone back to the states. but tweet her, as well. >>> the consumer electronics giant posted a net profit of $950 million and forecast another profit for this year. the earner from the nikkei has the story. more details from tokyo. hi, yukako. >> hi, ross. soapny saw a net profit of 43 billion yen crawling back into the black for the first time in five years. th
despite that monthly bulletin, eu euro/dollar went to a session high. it did knock equity markets down to a session low. >>> and an italian appeals court upheld the conviction of sylvia berlusconi on tax charges related to its company media set. the conviction comes at a four-year jail term and raises the possibility he could be banned from holding public office. what we want to know is is the party finally over for berlusconi or can he once again make a comeback? i presume he can have...
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Jul 4, 2013
07/13
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you got the eu, the uk, the u.s. with dodd/frank. for a global institution like us, we operate in all of those markets. harmonization is very important. we support a resolution and recovery regime, which has clarity about what happens to various different creditors of the institution. and the discussion going on now in europe is a good discussion, but it does need to be resolved so everybody knows where they stand. the shareholders know where they stand, the bond holders know where they stand. >> what about, you know, the issue yesterday, talking about the federal reserve, talking about perhaps making the regulations a little tighter for u.s. financial institutions, sending a clear message to the investment community that the banks need to adopt basel iii. do you think that's the right step? >> i think the task is to create a regulator regime that ensures we eliminate too big to fail and taxpayers don't have to back up the banks again. to do that, you have to look at risk-weighted assets and gross balance sheet. if you just look at g
you got the eu, the uk, the u.s. with dodd/frank. for a global institution like us, we operate in all of those markets. harmonization is very important. we support a resolution and recovery regime, which has clarity about what happens to various different creditors of the institution. and the discussion going on now in europe is a good discussion, but it does need to be resolved so everybody knows where they stand. the shareholders know where they stand, the bond holders know where they stand....